New York Mortgage Trust, Inc. (NYMT)
| Market Cap | 492.69M |
| Revenue (ttm) | 143.24M |
| Net Income (ttm) | -103.79M |
| Shares Out | 90.57M |
| EPS (ttm) | -1.14 |
| PE Ratio | n/a |
| Forward PE | 9.61 |
| Dividend | $0.80 (14.71%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 795,556 |
| Open | 5.52 |
| Previous Close | 5.45 |
| Day's Range | 5.41 - 5.62 |
| 52-Week Range | 5.01 - 7.25 |
| Beta | 1.51 |
| Analysts | Buy |
| Price Target | 7.13 (+31.07%) |
| Earnings Date | Apr 30, 2025 |
About NYMT
New York Mortgage Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. The company’s targeted residential loans, including business purpose loans; agency RMBS; non-agency residential mortgage-backed securities (RMBS); structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; and other mortgage-, residential housing- and credit-related assets and strategic investments; and commerci... [Read more]
Financial Performance
In 2024, New York Mortgage Trust's revenue was $143.24 million, a decrease of -31.79% compared to the previous year's $210.00 million. Losses were -$103.79 million, 15.3% more than in 2023.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for NYMT stock is "Buy." The 12-month stock price forecast is $7.13, which is an increase of 31.07% from the latest price.
News
Let's Talk Mortgage REITs (But Not For Too Long)
A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-bo...
New York Mortgage Trust Declares First Quarter 2025 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash di...
15% Yields Want To Mug Your Dividends
Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture...
New York Mortgage Trust: Q4 Update And Evaluating Its 9-11% Yielding Senior Securities
New York Mortgage Trust, Inc.'s Q4 results showed a 5.6% book value loss due, in part, to rising Agency yields, partially offset by swap hedges. NYMT's liability profile is favorable, with low recours...
New York Mortgage Trust, Inc. (NYMT) Q4 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q4 2024 Earnings Conference Call February 20, 2025 9:00 AM ET Company Participants Kristi Mussallem - Investor Relations Jason Serrano - Chief Executive Of...
New York Mortgage Trust Reports Fourth Quarter and Full Year 2024 Results
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three months and year ended Decembe...
New York Mortgage Trust Announces Tax Treatment of 2024 Dividend Distributions
NEW YORK, Jan. 30, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT” or the “Company”) today announced the following tax treatment of common and preferred stock dividends d...
NYMTG: A 9.125% Senior Note IPO From New York Mortgage Trust
New York Mortgage Trust's new 9.125% Senior Notes are high-risk, high-return investments with a maturity date of 04/01/2030 and callable from 04/01/2027. NYMTG's debt-heavy capital structure and signi...
New York Mortgage Trust 2024 Fourth Quarter Conference Call Scheduled for Thursday, February 20, 2025
NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and twelve months ended December 31, 202...
Preferreds Weekly Review: Floater Yield Confusion And Redemption Likelihood
We take a look at the action in preferreds and baby bonds through the third week of January and highlight some of the key themes we are watching. Preferred stocks started the year strong with a 1% ret...
Preferreds Weekly Review: Shifting Rate Expectations Scramble Relative Value
We take a look at the action in preferreds and baby bonds through the second week of January and highlight some of the key themes we are watching. All preferreds sectors declined due to rising Treasur...
High Yield REITs Whacked By Higher Rates
Despite a single day of declining rates, the trend higher brought even more damage to mortgage REITs. Some may see book value fall by as much as 10% or more, but the average will probably be around th...
New York Mortgage Trust, Inc. Announces Pricing of Public Offering of Senior Notes
NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today the pricing of an underwritten public offering of $75 million aggregate princip...
New York Mortgage Trust Declares Fourth Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash div...
New York Mortgage Trust: Updating Our Allocation As The Company Derisks
We take a look at the mortgage REIT NYMT and its preferreds. The company continues to derisk its portfolio, moving away from multifamily properties into Agency MBS. The relative value in the preferred...
New York Mortgage Trust, Inc. (NYMT) Q3 2024 Earnings Call Transcript
New York Mortgage Trust, Inc. (NASDAQ:NYMT) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Kristi Mussallem - IR Jason Serrano - CEO Kristine Nario - CFO Nick Mah -...
New York Mortgage Trust Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (“NYMT,” the “Company,” “we,” “our” or “us”) today reported results for the three and nine months ended Septemb...
New York Mortgage Trust 2024 Third Quarter Conference Call Scheduled for Thursday, October 31, 2024
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) is scheduled to report financial results for the three and nine months ended September 30, 2024...
New York Mortgage Trust Declares Third Quarter 2024 Common Stock Dividend of $0.20 Per Share, and Preferred Stock Dividends
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) (the “Company”) announced today that its Board of Directors (the “Board”) declared a regular quarterly cash di...
Gauging Distribution Winners And Losers In The Next Rate Cycle
The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as val...
New York Mortgage Trust PFDs: Still Rated Hold As Riskier Than Other mREIT PFDs
This article provides an update on New York Mortgage Trust preferred stocks from my January review. Along with comparing all four available NYMT preferred stocks, a brief overview of the issuer is pro...
New York Mortgage Trust: Agency RMBS May Protect Earnings
New York Mortgage Trust is trading at a discount to adjusted book value after selling off. The company focuses on agency RMBS, with strong liquidity and capital allocation. Q2 earnings results show a ...